News of the Weird
By now you’ve heard that the daughter of Democratic Senator Joe Minchin is the CEO of the company raising the price of Epi-Pens to outrageous amounts.
Her name is Heather Bresch and shame on her. More shame on her daddy.
Mylan employees and the company’s PAC contributed a total of $60,750 to Manchin between 2011 and 2016, according to the Center for Responsive Politics.
This isn’t the first time a business decision by Mylan has proved awkward for Manchin. In 2014, through a deal with Abbott Laboratories, the company was able to incorporate in the Netherlands — a move that let it lower its tax bill through what is known as an inversion.
Not only that, but the executives of the company that owns Epi-Pens gave themselves big fat raises.
And, of course that’s not all. Minchin’s daughter a few other skeletons in her closet.
A 2008 inquiry found Bresch didn’t complete the coursework for her MBA granted by West Virginia University. The school had received a $20 million donation from Mylan chairman Milan Puskar in 2003.
Several of the university administrators resigned in the aftermath, including president Mike Garrison. The former Mylan consultant and lobbyist had gone to high school with Bresch, the daughter of West Virginia Senator Joe Manchin, and was a longtime family friend.
The proverbial Pandora’s box is open and I’d be willing to bet that the price of the Epi-Pen goes down and Minchin finds that he needs to spend more time with his family.
Thanks to everybody for the heads up.